3 Reasons Why a Pre-Approval is Crucial to Your Home Search..

When you’re ready to find a home, the last thing you want to do is limit your possibilities.

A pre-approval will allow you to fully understand the entire cost of purchasing ahome. Your lender will provide you with a “truth in lending” document that discloses all of your loan and closing costs associated with your purchase.

if you are pre-approved, you have more room to haggle. Sellers may be more willing to lower the asking price, include appliances, cover closing costs or make ther allowances to work with a pre-approved buyer.

if you’re pre-approved, you have less to worry about: you know you’re a qualified buyer, you know there are lenders willing to work with you, and you can feel pretty confident when you make an offer.